SEATTLE--(BUSINESS WIRE)--Parametric Portfolio Associates LLC (Parametric), part of Morgan Stanley Investment Management (“MSIM”), today announced new partnerships with Columbia Threadneedle Investments (“Columbia Threadneedle”), Lord, Abbett & Co. LLC (“Lord Abbett”), PGIM, Polen Capital and Voya Investment Management for the Custom Active solution, an innovative tax optimization capability for asset managers. MSIM also added more than 35 new strategies from both its latest and existing asset manager partners. These active equity strategies offered under the Custom Active solution are tax-managed by Parametric and can be customized for other considerations.

“We are excited by the substantial growth of the Custom Active platform with the addition of more than 35 new strategies from our MSIM investment teams, our existing partners Capital Group and Lazard Asset Management, and our latest partners Columbia Threadneedle, Lord Abbett, PGIM’s Jennison Associates, Polen Capital and Voya Investment Management,” said Thomas Lee, Co-President and Chief Investment Officer at Parametric. “Drawing on Parametric’s three decades of experience in addressing the most complex needs of investors, the Custom Active solution enables asset managers to meet the increasing demand for customization by optimizing their well-established strategies for tax efficiency and other distinct considerations.”

The Custom Active platform is now comprised of more than 45 strategies from investment teams at MSIM and asset manager partners. In addition to 11 new strategies from the new partners, Parametric introduced 10 additional strategies from its existing partners Capital Group and Lazard Asset Management and 13 new strategies from MSIM investment teams, including Atlanta Capital, Calvert, Eaton Vance, International Equity and Counterpoint Global.

All active equity strategies available under the Custom Active solution are managed by Parametric.

“Parametric’s Custom Active platform continues to resonate with individual investors and the financial advisors that support them,” said Matt Witkos, Head of North America Intermediary Sales, MSIM. “There is clear industry demand for tax efficiency and customization beyond what can be achieved in a traditional vehicle structure, and, by using Parametric’s solution, asset managers are able to enhance their existing strategies accordingly and meet investors’ evolving needs.”

Parametric’s Custom Active solution addresses complex investment needs through an active separately managed account (SMA) optimized for tax management and other considerations. Additional customization opportunities available to investors include sector and industry screens, and client-directed gain/risk budgets. Asset manager partners provide an actively managed model for Parametric to implement alongside year-round tax optimization review.

The Custom Active solution is offered through Parametric’s $42 billion Centralized Portfolio Management business that has $4 billion in tax-managed model strategies. The strategies are available to retail investors through select intermediaries and registered investment advisers (RIAs).

About Parametric

Parametric partners with advisors, institutions, and consultants to build innovative portfolio solutions focused on achieving their long-term financial objectives. A leader in custom solutions for more than 30 years, Parametric helps investors efficiently access market exposure, solve implementation challenges, and design multi-asset portfolios that respond to evolving needs. Parametric also offers systematic alpha strategies to complement clients’ core holdings. Parametric is part of Morgan Stanley Investment Management, the asset management division of Morgan Stanley. Learn more at parametricportfolio.com.

About Morgan Stanley Investment Management

Morgan Stanley Investment Management, together with its investment advisory affiliates, has more than 1,400 investment professionals around the world and $1.7 trillion in assets under management or supervision as of December 31, 2024. Morgan Stanley Investment Management strives to provide outstanding long-term investment performance, service, and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide. For further information about Morgan Stanley Investment Management, please visit www.morganstanley.com/im.